Triad Wealth Partners LLC Purchases New Holdings in Schwab US Dividend Equity ETF $SCHD

Triad Wealth Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, HoldingsChannel reports. The fund acquired 26,096 shares of the company’s stock, valued at approximately $712,000.

A number of other institutional investors also recently made changes to their positions in SCHD. Financial Management Professionals Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the last quarter. PrairieView Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Schwab US Dividend Equity ETF in the second quarter worth about $39,000. Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $41,000. Finally, True Wealth Design LLC raised its stake in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

NYSEARCA:SCHD opened at $29.17 on Friday. The company has a market cap of $76.50 billion, a PE ratio of 14.57 and a beta of 0.77. The business’s 50 day moving average is $27.79 and its two-hundred day moving average is $27.39. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.26.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.